Organization Accounts

Requirements for opening an organization account:

• Proof of EIN number (such as a letter from the IRS)
• Meeting minutes which specifically state that an account can be opened at MTEFCU and who is to be authorized on the account. We have a meeting minutes template available for those who need it. Download the meeting minutes template here.
• Authorized signer(s) must provide a valid photo ID, SSN (if applicable), and proof of address
• $25 share deposit

Share products and services include:

• Savings
• No-fee Checking
• Debit / ATM Card
• Share Certificates
• Coin Counting

Regulation D Notice

Federal Reserve Board Regulation D limits the number of certain withdrawals to six (6) from savings accounts. As required by regulation, we monitor your accounts to ensure the transaction restrictions are observed.